F. J. Snell, The Customs of Old England
“ The licentiate lectured in the schools, precisely like the master, for whom indeed he acted. The fee for the licence was one commons, which may represent a shilling—in any case, it was trivial. The cost of Inception, on the other hand, was very great on account of the feasts, etc., which accompanied it; and as the licentiate already enjoyed some of the privileges of the master, there was an evident temptation to put off the evil day. Security was therefore demanded from the licentiate that he would incept within a year ”
